Sunday, December 10, 2017

How to buy Bitcoin,Ethereum,Bitcoin Cash,Ripple,Litecoin and other crypto currencies in India

As cryptocurrency market is growing and lot of people in India are showing interest to invest in crpto market.Now a lot of companies are launching their website/apps to trade multiple crypto currencies in India.

There are multiple websites/apps in India that are currently offering bitcoin and other crpto currencies tradings, Few of them are -

1. Zebpay

Zebpay is app-enabled bitcoin wallet provider headquartered in Singapore with IT office in Ahmedabad, Gujarat, India.Zebpay is India's first bitcoin company to launch simplest mobile Bitcoin wallet app that enables bitcoin transactions.Using Zebpay wallet app, users can buy, sell, store and spend bitcoin using mobile number and a 4-digit pin or finger scans.

Currently Zebpay offers trading for Bitcoin crpto currency in India.

User can download their app from google play store and create their account by provide some basic proofs like- PAN, Aadhaar, address info, bank account details etc. It takes around 2-3 days to verify and activate your account for any transactions.

Deposit

User can deposit money to their wallet once their zebpay account is activated and then trade bitcoin using their app. There are multiple way for depositing money to Zebpay wallet -

User can withdraw money from their wallet using simple steps. Amount will be credited to their registered bank account.Currently charges for withdrawal is flat 10 rupees.

Buy/Sell bitcoin

Buying/selling bitcoin charges are already included in bitcoin rates. They don't charge any extra amount. This is included and costs around ₹4 + ₹0.72 = ₹4.72 for every 2,000.

Send/Receive bitcoin

There are no charges when you send or receive bitcoins to or from Zebpay users.Bitcoin network fee will be charged when you send bitcoins to a bitcoin address depending on the number of bitcoins you send. These fees are dynamic and updated on daily basis.

2. Koinex

Koinex launched in Aug 2017 as a first platform in India for trading multiple cryptocurrencies/ tokens on a single platform.

Currently Koinex offers trading of Bitcoin,Ethereum,Bitcoin Cash,Ripple and Litecoin on their platform.

One can visit their website https://koinex.in and register using mobile,email, PAN, Aadhaar,Bank Account details on this website to trade multiple crpyto currencies. It takes around 3-4 days for verification, After this account will be activated for trading.

Deposit

User can deposit money in their Koinex wallet using two ways -

a. DEPOSIT VIA BANK TRANSFERS

Add unique bank account shown for you while you login in your koinex account.After this you can transfer amount using NEFT/RTGS/IMPS. Minimum deposit limit is ₹2,000 and no transaction fee will be charged on this.

b. DEPOSIT VIA PAYMENT GATEWAY

User can deposit maximum of ₹50,000 using the payment gateway.They charge 2% of deposit as flat fee on this, this is instant transfer and user has option to transfer either through net banking or one of the multiple wallets including freecharge, mobikwik, PayU money or Jio Money.

Withdraw

Withdrawals up to INR 2,00,000 will be credited via IMPS within 30-60 seconds. Withdrawals for more than INR 2,00,000 will be credited via NEFT within 3-4 bank working hours.

withdrawal fees -

Bitcoin

0.001 BTC

Ethereum

0.001 ETH

Ripple

0.02 XRP

Litecoin

0.01 LTC

Bitcoin Cash

0.001 BCH

Indian Rupees

Rs. 0/-

Buying/Selling fee

Order execution

Seller Fees

Buyer Fees

Rs.0 to Rs.25,00,000

0.20%

0.25%

Rs.25,00,001 to Rs. 1,00,00,000

0.15%

0.20%

Rs.1,00,00,001 and above

0.10%

0.15%

Note - Selling is free till December 31, 2017 (No trade fees on all sell orders till the end of year).

3. Coinome

Coinome is billdesk backed crpto trading website that launched in November 2017 in India. Currently it offers trading of Bitcoin, Bitcoin Cash and Litecoin.

User can visit their website https://www.coinome.com and register themselve by entering their details,bank account along with Aadhaar card number, This provides verification through Aadhaar based OTP.So, user verification and activation is faster.

Deposit

User can deposit money to their coinome wallet using two ways -

a. Bank Transfer

Add their bank account to your registered bank account and do NEFT/IMPS/RTGS on this.

There is no charges for this.

b. Payment Gateway

User can transfer money using Internet Banking,Most of the banks are on the list except the HDFC Bank. This is also free and transfer is instant.

Withdraw

User can withdraw money from their wallet using simple steps. One can do this after adding and verification of bank with their coinome account. For verification purpose just upload photograph of a cancelled cheque that will indicate your name along with branch code and account number.

About the Author

Manish Rai

Author & Editor

I am Manish Rai
an IT Professional, I started the www.einfoportal.com at the beginning of 2013.My goal is to establish www.einfoportal.com as a information portal that will help every individual(s) to get the information related to their day by day activities and use this information for the good purpose. I love to share my knowledge with the people.
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